Amendments in Central Tax Rate, Integrated Tax Rate and Union Territory Tax Rate

Circular No.ES/ 187 /2017-18                                                                                October 17, 2017  

To: Members of the Council

Sub: Amendments in Central Tax Rate, Integrated Tax Rate and Union Territory Tax Rate

Reg.: Recommendations made by the GST Council’s in its 22^nd Meeting held on 06.10.2017

Dear Sir,

Kindly refer to Council’s earlier Circulars informing about the recommendations made by the GST Council’s in its 22^nd Meeting held on 06^th October, 2017.  

Now CBEC has issued Notification making certain amendments in Central Tax Rate, Integrated Tax Rate and Union Territory Tax Rate which are given here-below : -

• CENTRAL TAX

As per Notification No. 34/2017-Central Tax (Rate) dated 13^th October, 2017 CBEC has further made amendments in Notification No.1/2017-Central Tax (Rate), dated the 28th June, 2017.

In this regard, we are reproducing here-below the relevant extract of the Notification.

In the said notification,-

(A)       in Schedule I - 2.5%,-

(xii)      after S. No. 218 and the entries relating thereto, the following serial number and the entries shall be inserted, namely: -

(B)       in Schedule II-6%,-

(v)        after S. No. 132 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely: -

(vi)       in S. No. 137, in the entry in column (3), the words and figures “such as Real zari thread (gold) and silver thread, combined with textile thread),” shall be omitted;

(C)       in Schedule III- 9%,-

(vii)      S. No. 158 and entries related thereto shall be omitted;

(viii)     in S. No. 159, for the entry in column (3), the entry “All goods other than synthetic filament yarns”, shall be substituted;

(ix)       in S. No. 160, for the entry in column (3), the entry “All goods other than artificial filament yarns”, shall be substituted;

• INTEGRATED TAX

As per  Notification No. 35/2017- Integrated Tax (Rate) dated 13th October, 2017, CBEC has further made amendments in  Notification No.1/2017-Integrated Tax (Rate), dated the 28th June, 2017.,

In this regard, we are reproducing here-below the relevant extract of the Notification.

In the said notification,-

1. in Schedule I - 5%,-

(xii)      after S. No. 218 and the entries relating thereto, the following serial number and the entries shall be inserted, namely: -

(B)       in Schedule II-12%,-

(v)        after S. No. 132 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely: -

(vi)       in S. No. 137, in the entry in column (3), the words and figures “such as Real zari thread (gold) and silver thread, combined with textile thread),” shall be omitted;

(C)       in Schedule III-18%,-

(vii)      S. No. 158 and entries related thereto shall be omitted;

(viii)     in S. No. 159, for the entry in column (3), the entry “All goods other than synthetic filament yarns”, shall be substituted;

(ix)       in S. No. 160, for the entry in column (3), the entry “All goods other than artificial filament yarns”, shall be substituted;

• UNION TERRITORY TAX

As per  Notification No. 34/2017- Union Territory Tax (Rate) dated 13th October, 2017, CBEC has made further amendments in  Notification No.1/2017-Union Territory Tax (Rate), dated the 28^th  June, 2017.

In this regard, we are reproducing here-below the relevant extract of the Notification.

In the said notification,-

1. in Schedule I - 2.5%,-

(xii)      after S. No. 218 and the entries relating thereto, the following serial number and the entries shall be inserted, namely: -

2. in Schedule II-6%,-

5. after S. No. 132 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely: -

(vi)       in S. No. 137, in the entry in column (3), the words and figures “such as Real zari thread (gold) and silver thread, combined with textile thread),” shall be omitted;

(C)       in Schedule III-9%,-

(vii)      S. No. 158 and entries related thereto shall be omitted;

(viii)     in S. No. 159, for the entry in column (3), the entry “All goods other than synthetic filament yarns”, shall be substituted;

(ix)       in S. No. 160, for the entry in column (3), the entry “All goods other than artificial filament yarns”, shall be substituted;

Members may please make a note of the above changes.

Thanking you,

S.BALARAJU
EXECUTIVE DIRECTOR